Coin collecting is more than a pastime—it’s an investment that could yield significant returns. While most coins in circulation are worth their face value, certain rare nickels have skyrocketed in worth over the years. If you’ve got old nickels lying around, you might want to examine them closely. Here are four rare nickels that have become highly valuable and tips on identifying if you own one.
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1913 Liberty Head V Nickel
This nickel is among the most iconic coins in U.S. history. Only five were ever minted, making it incredibly rare and highly sought after.
Key Details:
- Rarity: Only five minted.
- Auction Prices: A PR66 coin sold for $4.56 million in 2018, and a PR63 example fetched $4.2 million in 2022.
- Why It’s Special: Its scarcity and historical value make it a top prize for collectors.
The Liberty Head V Nickel’s limited production and survival over a century elevate it to legendary status in the numismatic world.
1918/7-D Buffalo Nickel
This error coin is a fascinating piece for collectors. It features remnants of the 1917 date under the 1918 imprint, resulting from a mistake during the minting process.
Key Details:
- Rarity: A rare but not impossible-to-find error.
- Auction Price: Sold for $350,750 in 2006, worth approximately $549,202 today.
- Why Collectors Love It: Errors like this are prized because they reveal the coin-making process and provide a unique collecting experience.
The 1918/7-D Buffalo Nickel is a stellar example of how mistakes can turn ordinary coins into extraordinary collectibles.
1926-S Buffalo Nickel
Minted at the San Francisco Mint, the 1926-S Buffalo Nickel had a low mintage of only 970,000 coins, making it rare and valuable.
Key Details:
- Rarity: Low production numbers.
- Auction Price: An MS66 example sold for $322,000 in 2008, equivalent to $472,096 today.
- Why It’s Valuable: Its scarcity, especially in high-grade condition, fuels demand among collectors.
Well-preserved examples of the 1926-S are exceptionally valuable, with higher grades commanding impressive prices.
1867 Shield Nickel With Rays
This 19th-century coin stands out due to its unique design. The “with rays” variety is especially rare because the rays on the reverse were supposed to be removed but remained on some coins.
Key Details:
- Rarity: Few coins retained the rays.
- Auction Price: An NGC-graded PR66 coin sold for $132,250 in 2004, worth $220,998 today.
- Why Collectors Prize It: Its rarity and historical origin make it a must-have for serious collectors.
The Shield Nickel with Rays combines a fascinating backstory with striking visual appeal, making it a standout piece in numismatics.
Factors Affecting Coin Value
Several factors contribute to the high value of these rare nickels:
- Rarity: Coins with limited mintage or unique features are always in demand.
- Condition: Coins in uncirculated or proof condition fetch significantly higher prices.
- Historical Significance: Ties to major events or historical eras can elevate a coin’s worth.
- Demand: Popularity among collectors drives up auction prices.
| Coin | Rarity | Auction Price | Mint Year |
|---|---|---|---|
| 1913 Liberty Head V Nickel | 5 minted | $4.56 million | 1913 |
| 1918/7-D Buffalo Nickel | Error coin | $350,750 ($549,202 today) | 1918/7 |
| 1926-S Buffalo Nickel | Low mintage (970,000) | $322,000 ($472,096 today) | 1926 |
| 1867 Shield Nickel With Rays | Error coin | $132,250 ($220,998 today) | 1867 |
A Treasure in Your Collection
Rare nickels like the 1913 Liberty Head V Nickel and the 1867 Shield Nickel with Rays are not just coins; they’re pieces of history and art. If you’re lucky enough to own one, you may have a valuable treasure in your hands. Whether it’s due to limited mintage, historical significance, or unique errors, these coins continue to captivate collectors and fetch astonishing prices at auction.
FAQs
What is the most valuable nickel?
The 1913 Liberty Head V Nickel, worth over $4.5 million.
Why is the 1918/7-D Buffalo Nickel valuable?
Its double date error makes it rare and highly collectible.
How much is the 1926-S Buffalo Nickel worth?
High-grade examples can sell for over $472,000.
What makes the 1867 Shield Nickel rare?
The ‘with rays’ design error increases its value.
What affects a coin’s value?
Rarity, condition, historical significance, and demand.
